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New York Pulse
McDermott Is Cutting Its Associate Ranks
How New Director Plans To Shape NY State Bar Association
Warner Bros. Legal Chief Earns $23.3M In First Year, Pre-Split
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DLA Piper Names 62 New Partners, Including 24 In US
DLA Piper announced Wednesday that 62 attorneys have joined its global partnership ranks, as of May 1, with the U.S. logging more promotions to partner than other regions, with 24 total.
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Which GCs Sold Stock In April? Venture Global And More
April showered some legal chiefs with stock sale profits, and Keith Larson at Venture Global soaked up $13.9 million last month. Meanwhile, Paul Mahon at United Therapeutics wiped up $9.5 million, and Chevron's R. Hewitt Pate reported earning $8.57 on his sales.
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Curiam Capital Atty Launches New IP Litigation Funding Firm
A former managing director at litigation funder Curiam Capital has launched his own boutique, focused on funding and underwriting for intellectual property litigation, he announced this week.
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Scarinci Hollenbeck Adds 4 Lawyers In NJ, NY Growth Push
Scarinci Hollenbeck LLC has announced a slate of attorney hires, with two partners, a counsel and a senior associate adding to its bench in bankruptcy, corporate transactions, litigation and other practice areas.
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Dilworth Paxson Hires Real Estate Trio From Commercial Firm
Midsize northeastern firm Dilworth Paxson LLP has announced it has hired three attorneys from corporate and commercial law firm Scarinci Hollenbeck LLC, saying their hires "[strengthen] the firm's capabilities in complex commercial real estate transactions, leasing, and related litigation."
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Feds Say Stolen BigLaw Deal Info Aided Huge Trading Scheme
Federal prosecutors on Wednesday unveiled indictments outlining a massive insider trading scheme that allegedly netted tens of millions of dollars using nonpublic information about mergers and acquisitions worked on by some of the nation's biggest law firms.
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The Law School Legal Industry Job Tracker: Class Of 2025
Want to know which schools are sending the highest percentage of graduates to BigLaw? How big a slice are landing those prized clerkships in federal or state courts? Explore the ins and outs of law school graduate placement in our interactive graphic.
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The Top Law Schools For Legal Industry Jobs: A Data Review
A law degree can lead to careers across law firms, government, business and public interest, according to the latest ABA data. See which schools stand out for placing graduates in BigLaw, federal and state clerkships, public interest roles and more.
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Aiming For BigLaw? These Schools Deliver
Law school students continue to set their sights on law firm jobs post-graduation, with interest in BigLaw roles holding strong. Here's a look at how those preferences are playing out and which schools are sending the highest percentage of graduates directly to BigLaw.
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Cooley Launches Energy Group With Baker Botts Partner
Cooley LLP announced Wednesday that it is launching an infrastructure, energy and real estate group with a New York partner from Baker Botts LLP who advises on global energy and infrastructure projects.
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Firm Leaders Report Rising Rates Fueling Client Churn
While rate increases are the primary driver of law firm revenue, legal leaders also fear those price hikes are leading to client churn, according to a report released Wednesday by marketing technology platform Passle.
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Court Rule Changes Uncertain After Few Deepfake Challenges
Very few federal judges have handled challenges to audiovisual evidence that litigants claim has been faked by artificial intelligence, raising questions about whether changes to the rules of evidence are actually necessary.
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AY Strauss Merges With New Jersey Boutique, Adds 3 Attys
A.Y. Strauss has added a second New Jersey office and three attorneys to its roster after a recent merger with boutique firm Newman Simpson & Cohen LLP.
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EEOC Sues NY Times For Not Promoting White Editor
The U.S. Equal Employment Opportunity Commission filed a suit Tuesday claiming The New York Times violated civil rights law when it passed over a white man for a promotion to a deputy editor position.
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Freshfields Adds Skadden White Collar Lawyer In DC, NY
Freshfields LLP has hired a Skadden Arps Slate Meagher & Flom LLP white collar defense lawyer, who spent years working as a federal prosecutor investigating corporate financial crime, international money laundering and other related matters.
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2nd Circ. Raises Concern Over Challenge To NY US Atty's DQ
A Second Circuit panel on Monday voiced concern over the U.S. Department of Justice's argument that a now-former acting U.S. Attorney for the Northern District of New York was serving lawfully when he subpoenaed the New York Attorney General's office over a pair of cases disfavored by President Donald Trump.
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Maduro Gets June Court Date After US Relents On Atty Fees
A Manhattan federal judge on Monday directed former Venezuelan President Nicolás Maduro to return to court in June, after he and his wife, Cilia Flores, reached an apparent agreement with the Trump administration to access Venezuela government funds for their legal fees.
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Pierson Ferdinand Adds 9 Partners Across 6 Markets
Pierson Ferdinand LLP added nine partners in April across offices in Philadelphia, Seattle, Dallas, Houston, Atlanta and New York, deepening the firm's corporate, employment, labor and benefits and litigation offerings.
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Buchanan Ingersoll Adds Fox Rothschild Litigator In NY, NJ
Buchanan Ingersoll & Rooney PC added a new litigation partner in New York and New Jersey from Fox Rothschild LLP who brings decades of experience in complex commercial disputes and high-stakes matters.
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Alston & Bird Adds Winston & Strawn IP Leaders In NY, SF
Alston & Bird announced Monday that it has added three new partners to its IP litigation group, luring two leaders from Winston & Strawn LLP.
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Women Lag In BigLaw Tech Leadership, Except For One Role
The percentage of women holding tech-focused C-suite positions at the largest U.S. law firms is just under 20%, though women hold parity in roles centered on innovation, a Law360 Pulse analysis found.
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Weinstein Atty Features Rape Accuser's Warm Words For Him
On cross-examination Friday, an attorney for Harvey Weinstein repeatedly confronted the woman accusing the longtime Hollywood producer of rape with her own kind words for him, but the witness remained firm in her assault claims.
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Data Center Boom Unites Wide-Ranging Practice Areas
As the legal industry vies to take advantage of the trillions of dollars of investment on the horizon for data center development, a range of law firms have formed multidisciplinary groups that can handle various aspects of the projects, from real estate and energy to finance and regulatory work.
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Kostelanetz Adds Ex-IRS Criminal Investigation Chief In NY
Kostelanetz LLP has hired a former chief of the U.S. Internal Revenue Service's law enforcement branch who spent more than 30 years there investigating tax and financial crime, domestically and abroad, the firm announced Friday.
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Law360's Legal Lions Of The Week
Akin Gump Strauss Hauer & Feld LLP leads this week's edition of Law360 Legal Lions, after a California federal jury cleared Armistice Capital and two of its executives of class action claims that it pumped and dumped $250 million in Vaxart stock during the COVID-19 pandemic and violated federal securities law with insider trading.
Expert Analysis
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AI-Powered Search Demands New Legal Marketing Playbook
As potential clients use artificial intelligence tools instead of search engines when looking for counsel, it is a democratizing moment for specialized midsize firms and a compression threat for generalist big-firm brand positioning, says Ronn Torossian at 5WPR.
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What Law Firm MSOs Can Learn From Accounting Co. Model
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Private equity capital has been flowing into accounting firms for years, with investors developing creative structures to work within that field's specific ownership restrictions, and the framework developed by these transactions offers valuable insights for law firms looking for outside investment, says Russell Shapiro at Levenfeld Pearlstein.
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Series
Legal Tech Talks: StrongSuit CEO On The AI Gold Rush
Justin McCallon, CEO of StrongSuit, discusses how the potential for automation and insight generation with artificial intelligence is massive, but that in legal work, especially litigation, the margin for error is essentially zero.
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How Leaders Can Foster Professional Growth With Feedback
When law firm leaders provide work product feedback by identifying errors instead of offering guiding input, they miss a key opportunity to treat feedback as a professional development and leadership tool, but several practices can help bridge the gap between intent and impact, says Janet Jackson at Well-Law.
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Why Marketing Teams Are Vital For Law Firm AI Storytelling
Many law firms are using generic decks for multiple client presentations to articulate their artificial intelligence strategy, but in order to differentiate themselves, it's important to bring marketing teams into the fold to identify what's actually distinctive about how a firm uses AI, says Eric Greenberg at Cox Media.
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Legal Marketing Conference Highlights Pivotal Time For Firms
The Legal Marketing Association's recent annual conference underscored how advances in artificial intelligence and shifting client expectations are causing law firms to evolve into more structured, data-driven businesses that place greater emphasis on strategy, implementation and measurable results, say Maria Aronson and Gina Rubel at Furia Rubel.
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Series
Biz Development Tip Of The Month: Build Relationship Habits
Meaningful relationships are foundational to business development, and they can be deliberately fostered through a set of habits for authentically, intentionally and consistently connecting with clients and colleagues — starting with people you already know and like, says Matthew Moran at V&E.
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Legal Leaders Are Asking The Wrong Questions About AI
Artificial intelligence is already woven into everyday work for attorneys, so beyond questioning whether AI was used and approving such tools, legal leaders need to create a shared foundation for what good AI use looks like on their team, says Alex Denniston at Factor.
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In-House Leaders Can Turn Contract Data Into Growth Insight
A company's contracts contain final, negotiated commercial commitments that reveal important growth, revenue and strategy insights, but for organizations that aren’t making two key structural changes, the information tends to remain within the legal department — untranslated and unused, says Shimane Smith at NerdWallet.
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PE's Path In UK Legal Market Offers Playbook For US Firms
The U.K. offers 14 years' worth of data on private equity's involvement in the legal market, demonstrating for U.S. firms what worked, what didn’t and why, and illustrating several lessons about operational readiness, cultural fit and timing, says Tom Lenfestey at The Law Practice Exchange.
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8 Mistakes That Derail Law Firms' Sector Strategies
When firms attempt to deliberately organize their expertise, client relationships, business development, and thought leadership around specific industry verticals – sometimes called industry sector programs – several missteps commonly arise, but with discipline and alignment any firm can successfully grab market share, say Heidi Gardner at Harvard Law School and David Harvey at Harvey Global Consulting.
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Making Legal Cents: A Strategic Plan For Lateral Partner Hires
Firms of all sizes are accelerating lateral hiring of experienced partners because investing in senior expertise can pay off big — but for such an investment to work, firms need a disciplined strategy for vetting candidates, supporting their integration, and ensuring they'll generate real returns, says Shireen Hilal at Maior Strategic Consulting.
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As AI Rewrites BigLaw Hiring, Mid-Law May Snag Edge
Similar to the way the transfer portal changed how many NCAA men’s basketball teams are built, artificial intelligence use in the legal industry is changing BigLaw’s lateral hiring market and creating a field where midmarket firms that develop their talent will hold an edge in the legal profession's next era, says Michael Ott at Ice Miller.
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5 Firm Structure Changes To Adequately Address Atty Burnout
While wellness programs, flexible schedules and mental health resources are meaningful steps toward addressing burnout in the legal industry, a more effective approach must involve a redesign of law firm incentive structures, says retired attorney Jason Ward.
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Series
Biz Development Tip Of The Month: Be An Industry Expert
Although taking the time to fully invest in a client and its industry is a big ask, it is well worth it for attorneys to understand the pressures, trends and constraints of a client's industry in order to build enduring business relationships, says Nonnie Shivers at Ogletree.